Section 24661.4.

Cal. Revenue and Taxation Code - RTC § 24661.4.
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Section 451(b) of the Internal Revenue Code, relating to inclusion not later than for financial accounting purposes, shall not apply to specified credit card fees, as defined in Treasury Regulations Section 1.451-3(j)(2).

References

referencesCal. Revenue and Taxation Code - RTC § 451.
referencesCal. Revenue and Taxation Code - RTC § 1.451.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

Starting a business in California? California LLC guide: costs and requirements